Rudra investment Free Commodity Tips research and Expert Team says Rupee has come down slightly from the dollar today. The dollar price is close to Rs 68.30. Tomorrow it went up to Rs 68.47, which was very close to all-time low.
Meanwhile, crude oil continues to remain under pressure in the global market. In fact, OPEC production is expected to increase from next month. There is also an OPEC meeting in June, on which the market's look remains. Although the dollar has softened support for gold and its price is upwards of $ 1290 in the global market. On the other hand, there is a slight increase in the trade on silver.
Today, copper is pressurized for the second consecutive day on the London Metal Exchange and its price has slumped about 0.5 percent. Yesterday it was closed with a decline of more than 1.5 percent. In fact, due to the lack of trade talks in China and the US, the fear of demand has increased. Today even in China, the price of copper has dropped by nearly 1 percent.
Rudra investment Free Commodity Tips
MCX Crude Oil (June Futures): Sell - 4935, Target - 4880, Stop-loss - 4975
MCX Lead (May futures): Buy - 168, Target - 171, Stop-loss- 166
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